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5-Day Training Course PMI Registered Training Courses

Mini MBA for Procurement Professionals:
Mastering the Art of Strategic Procurement

Aligning Procurement & Organisational Strategy

Certificate

Course Overview

This Mini MBA for Procurement Professionals is an intensive training course designed to meet global changes in transformational leadership, finance and procurement strategies. In today’s world middle and senior managers are faced with increasingly complex “value chain management”. A strategic approach to procurement can give organisations a competitive advantage by maximizing benefits received in return for spend, therefore professionals need to understand the various elements driving change strategies, ensure cost efficiencies and achieve competitive procurement in a global environment. This concentrates on the core leadership strategies, financial implications and sourcing activities.

This Energy Training Centre training course will feature:

  • Understanding of strategic leadership in the economic context for your business
  • Developing innovation approaches for strategy development
  • Enhancing costs awareness within the value chain and understanding the impact on the bottom line
  • Defining and apply sourcing strategies in line with your organizational goals and objectives
  • Building collaboration and long term supplier relationships

Course Objectives

By the end of this Mini MBA for Procurement Professionals training course, participants will be able to:

  • To understand the benefits of strategies that create and lead change
  • To apply tools and techniques that develop strategic thinking and innovation
  • Implement analysis and problem solving
  • Understand Total Cost of Ownership (TCO)
  • Develop robust Service Level Agreements (SLA)
  • Maximising supplier contribution and performance

Training Methodology

Participants will learn by active engagement during this training course through the use of course materials, exercises, videos and group discussions on “real life” issues. Procurement management knowledge, skills, tools and techniques are taught through case studies, experiential exercises and practical examples that can be used immediately to improve your procurement results.

Who Should Attend

Professionals interested in furthering their leadership and procurement management skills would benefit from this Mini MBA for Procurement Professionals training course. It will also be beneficial to:

  • Managers and leaders involved in major global sourcing activities
  • Finance professionals involved with major capital expenditure projects
  • Senior procurement professionals
  • Project managers
  • Contract and procurement managers
  • Senior buyers
  • Commodity procurement specialists

Course Curriculum

  • Perceptions of leadership in the field of procurement
  • Management vs. leadership
  • Transformational leadership in procurement
  • The leadership challenge: balancing strategy and culture
  • Leadership in strategic thinking organisations
  • Understanding the interrelated factors that impact procurement
  • Participating in the strategic implementation planning process
  • Recognizing and interpreting forces in the strategic environment
  • Strategic implementation - Tools and frameworks
  • Analysing and prioritizing strategic sourcing issues
  • Harnessing uncertainty and risk
  • Converting strategy into action
  • From strategic planning to the operating plan
  • Budgeting and costing along the value chain
  • Fixed vs. variable costs
  • Contribution margin
  • Direct vs. indirect costs
  • Performance measurement and impact on the bottom line
  • Defining procurement excellence
  • Definition of sourcing strategy and critical supply strategies
  • Tactical vs. strategic sourcing
  • Developing the strategic procurement plan
  • Using international supply chains for competitive advantage
  • Developing a framework for managing contract risk
  • Implications on supplier selection procedures
  • Turning vendors into partners
  • Relationship management – Suppliers and stakeholders
  • Performance improvement metrics
  • The service level agreement framework
  • Applying the right incentives for the right outcome

Certificates Awarded

Certificate of Completion

After successfully completing this training course, participants will be awarded The Energy Training Centre Certificate of Completion — a respected validation of their dedication to continuous learning and professional excellence. This certificate signifies that participants have gained the essential knowledge and skills required to make a measurable impact in their field.

Participants of the training course will receive Professional Development Units (PDUs) or Contact Hours that are accredited by the Project Management Institute (PMI®). These credits are specifically designated by PMI® for this course and are valuable for participants in maintaining and renewing their professional certifications in project management.
Upcoming Sessions
London, UK
Riyadh, Saudi Arabia
Dubai, UAE
London, UK
Live Virtual Session
Amsterdam, The Netherlands
Dubai, UAE
London, UK
Live Virtual Session
London, UK
London, UK
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Frequently Asked Questions

Our training courses are conducted at partnered hotels located within the specified training areas. Please note that venue assignments may vary based on availability. For the most current information, do not hesitate to contact us at [email protected].

Yes, we do. We provide tailored training courses designed to meet the specific requirement of larger group of individuals. These customized training courses can be conducted both classroom and online formats, allowing you the flexibility to choose you preferred dates and duration.

Please contact us at [email protected] to discuss your group’s training needs, and we’ll work with you to create a personalized training course that aligns with your objectives.

Upon successful completion of the training course, you will receive The Energy Training Centre Certificate of Completion with corresponding learning hours.

Yes, special discounts are available upon request if you have more than one registrant for a course. For further information please email us at [email protected]

We offer two convenient payment options:

  • Bank Transfer – You can make payment via bank transfer. Once your registration is confirmed, you will receive an invoice with the banking details for the transfer. We would require you to supply a swift copy for us to confirm receipt of funds.
  • Payment Link – Alternatively, we provide a secure payment link that you can use to complete your payment after your registration has been confirmed.

Upon receiving your registration details, either via email at [email protected] or through our online registration form, we will send you the following by email within 24-48 hours of registration.

  • Joining Instructions
  • Invoice/receipt (where appropriate)

There are two convenient options to register for a training course:

  • Online Registration Form – Register for your desired training course by completing the online registration form available on our website. Simple click on the registration button or select your preferred dates and provide the requested information.
  • Email Registration – You can email us your intention to register at [email protected]. Our team will guide you through the registration process and provide assistance you may need.

We understand that time zones may be different between our Senior Consultants and our delegates. Our standard online course timings (11:00 AM to 4:00 PM, GMT+4 – Dubai, UAE) may be adjusted upon confirming the programme. Our team shall communicate between the confirmed registered delegates and suggest a suitable course timing for all.

Our standard course duration for our classroom programmes is 6 hours per day while our online session is 5 hours per day.

Our training courses span across diverse industries, encompassing sectors such as but not limited to:

  • Power & Utilities
  • Oil & Gas
  • Financial Institutions
  • Government and Regulatory bodies
  • Manufacturing & Production Industry

Our commitment lies in continuously refining and expanding our training course offerings to align with evolving industry landscapes. We encourage individuals to explore our website or engage with our dedicated support team for the latest information on available courses, ensuring access to the most pertinent and current educational resources.

Yes, The Energy Training Centre is certified and recognized by several prominent industry standards. Specifically, it holds certifications from ILM, Continuing Professional Development (CPD), and the Project Management Institute (PMI).

  • ILM (ID# 002398B) – This certification indicates that our training programmes meet high standards for leadership and management development, ensuring that they are designed to enhance participants’ skills in these critical areas.
  • Continuing Professional Development (CPD) – Our recognition by CPD reflects our commitment to providing educational opportunities that support ongoing professional growth and skill enhancement. This accreditation ensures that our training courses are relevant and effective for professionals seeking to advance their careers.
  • Project Management Institute (PMI) – Being recognized by PMI signifies that our training programmes align with industry best practices in project management. This certification assures participants that our offerings are in line with the standards required for effective project management and are valuable for those pursuing or maintaining PMI credentials.

These certifications underscore our dedication to providing high-quality, industry-relevant training that fosters professional growth and meets established standards. Additionally, we are actively pursuing further certifications and affiliations to enhance our offerings and ensure we remain at the forefront of industry best practices.

About Energy Training Centre

Energy Training Centre is a leading provider of professional development programs for the energy and public sectors. With over 15 years of experience, we have trained more than 50,000 professionals across the Middle East and beyond.

Our expert-led courses are designed to meet the evolving needs of modern organizations, combining theoretical knowledge with practical applications that deliver immediate value to your career and organization.

50K+
Professionals Trained
15+
Years of Experience
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